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Speculation on Federal Reserve's Independence: Comments from U.S. Treasury Secretary

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by Giorgi Kostiuk

2 days ago


U.S. Treasury Secretary Besant allegedly made a statement regarding the need to review the Federal Reserve's role. However, this message has not been officially confirmed, raising questions about its real impact on financial markets.

Treasury Secretary's Comments and Confirmation

Comments from U.S. Treasury Secretary Besant on the independence of the Federal Reserve have not been officially confirmed by sources such as the Treasury or the Federal Reserve. This leads to uncertainty regarding their significance for the economy and financial market.

Calmness in the Cryptocurrency Market

The market remains relatively unchanged. The absence of confirmed sources and official stances from influential figures has led to neutrality in the cryptocurrency sector. Speculation about the impact of monetary policy on crypto regulations exists, but currently, no significant price changes have been observed for cryptocurrencies like Ethereum and Bitcoin.

Ethereum Market Update

Ethereum (ETH) is currently trading at $4,278.40, which is a 16.76% increase compared to a 30-day average, despite a slight decline of 0.74% in the past 24 hours. Ethereum's market cap stands at $516.43 billion, with a market share of 13.58%, according to CoinMarketCap.

In the absence of official comments and confirmations, the impact of speculations about the Federal Reserve's independence on financial markets and cryptocurrencies remains uncertain. Watching for further developments will be key to analyzing potential changes in the future.

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